Creating Compensation Proposals

Compensation proposals allow managers to recommend salary changes, bonuses, and equity adjustments for their team members.

Creating a Proposal

1. Navigate to Compensation Management > Planning Workspace
2. Select the active compensation cycle
3. Find the employee you want to create a proposal for
4. Click "Create Proposal" or "Edit Proposal"
5. Enter proposal details:
   • Current Salary: Employee's current compensation
   • Proposed Salary: Recommended new salary
   • Proposed Bonus: Bonus amount (if applicable)
   • Reason: Justification for the change (performance, market adjustment, promotion, etc.)

Proposal Workflow

1. Pending: Manager creates proposal
2. HR Review: HR reviews and validates
3. Finance Review: Finance checks budget and approvals
4. Approved: Proposal approved and ready for implementation
5. Rejected: Proposal declined with reason

Approval Process

• Proposals go through a structured approval workflow
• Each approver can approve, reject, or request modifications
• Comments and feedback are tracked throughout
• Approval history is maintained for audit purposes

Best Practices

• Provide clear justification for salary changes
• Reference performance reviews and market data
• Consider budget constraints and equity
• Submit proposals early in the cycle
• Respond promptly to approval requests